Beruk Lessanework
New Member Intro
1 November 2024 | 8 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
Jeff Galak
Lactchel vs SuperTenders
6 November 2024 | 29 replies
I have used the full service at $10/mo/unit and most currently their 24/7 emergency service for $1/mo.I was honestly a little skeptical at first, but the sales person did a really good job explaining their service, and I have been extremely impressed with the service they provide.
Vincent DeLucia
Any thoughts on Detroit, Mi and the surrounding Cities
31 October 2024 | 6 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!
Errol Graham
Accounting and Management tools for Landlords
3 November 2024 | 15 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
Michele Richard
Chicago Rental Properties
31 October 2024 | 19 replies
Why will likely determine how because if you are looking for cashflow vs. appreciation vs. quick capitalHow could it be househacking, brrrr, flip, long term -> You mentioned BRRRR, which is an awesome strategy but will only work in specific sectors of Chicagoland. finding the perfect brrrr in the current environment is extremely tough!
Emily Mohr
Best all-in-one property management and accounting software
31 October 2024 | 7 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
Darrell Kirby
How long to retain an Agent
31 October 2024 | 7 replies
However, 190 days seems extreme.
John S.
Question about 1st time mailer campaign I'm planning
28 October 2024 | 5 replies
I've currently got 2 multifamily properties here with 5 total units -- I live in 1 of them.It's been extremely difficult to find multifamily properties that meet the criteria that I'm looking for through the MLS, and when I do, they're extremely overpriced.
Cody Anderson
House Hacking with friends or family? Share your pros/cons
31 October 2024 | 18 replies
We both have made compromises along the way.I think that’s completely right and one of the reasons you hear the horror stories about these things going sideways (there’s no established timeline for exit), it literally just goes until something breaks. figuring out the ownership structure, and thus the use/access, as well as the exit feels like the two biggest items to get extreme clarity around.
H. Jack Miller
Beware of Appraisals: I would not at face value, some of them are a joke.
4 November 2024 | 33 replies
None of my business to say what the value of the property is, but it's extremely difficult when they make or break a deal.